National Budget 2019-20 | The Daily Star
  • budget 2019-20

    NGO’s want more budget for the disabled

    A group of non-government organisations have called upon the government to reconsider the budgetary allocation for people with disabilities.

  • Proposed Bangladesh National Budget 2019-20

    Budget Discussion: Opposition slams govt over paddy price

    Opposition lawmakers yesterday came down heavily on the government for its failure to ensure fair price of paddy and check money laundering, soaring loan defaults and black money.

  • New VAT law

    New VAT law will push up living cost

    The new VAT law may increase cost of many goods and services and hurt consumers, analysts said yesterday.

  • TIB slams amnesty for black money

    Transparency International Bangladesh (TIB) yesterday strongly condemned the proposed amnesty for black money in the budget for fiscal 2019-20 and termed it “unconstitutional, immoral and discriminatory”.

  • Pay more for digital delight

    At a time when the government should be encouraging virtual businesses, Finance Minister AHM Mustafa Kamal has proposed 7.5 percent value-added tax on them in his budget for fiscal 2019-20, making their services dearer.

  • vat

    Make new VAT law business-friendly

    Leading business associations yesterday urged the government to ensure easy, hassle-free and business-friendly implementation of the new VAT law.

  • BNP's Flag

    New budget to increase inequality

    Terming the proposed national budget “highly ambitious”, the BNP yesterday said the people of the country would not accept the budget as it would increase inequality.

  • The affluent to benefit more

    The budgetary measures for fiscal 2019-20 will favour the beneficiaries of “economic misrule” and hurt the middle and lower mid-income groups, the Centre for Policy Dialogue said yesterday.

  • THE BIG FOUR

    THE BIG FOUR

  • mobile phone price rise

    Mobile phone calls may get costlier

    Mobile phone services are likely to become costlier from today due to increased taxes. The National Board of Revenue sent a regulatory order to the mobile carries to increase the supplementary duty (SD) to 10 percent from 5 from midnight yesterday.

  • vat

    New VAT Regime New concern for consumers

    Shifting from its initial plan to slap a uniform rate, the government has finally proposed four rates of Value Added Tax to please businesspeople and take them on board to implement the new VAT law from the next fiscal year.

  • Devalue Taka to help garment exporters

    The government should support the garment exporters by devaluing taka against US dollar instead of giving them direct cash incentives, two economists said yesterday.

  • Smoking gets costlier

    The government has significantly raised the prices of tobacco products to curb consumption.

  • Bangladesh banking sector

    PLEDGES there, ‘HOW’ missing

    Rejaul Karim, a college teacher by profession, took a personal loan of Tk 6 lakh at 9.50 percent interest from a private commercial bank in 2015 to tackle some family emergencies.

  • Challenge lies in implementation

    A look at the revised budget for the outgoing financial year and its state of implementation up to the month of March reconfirm the main weakness of our financial management, namely, the persistently low revenue mobilisation that routinely misses its target.

  • Smartphone import to be costlier

    Imported smartphones are scheduled to turn much costlier as the government has proposed increasing supplementary duty from 10 percent to 25 percent.

  • Gloom of growers not going away

    Gani Mia is a farmer with no land of his own. He grows paddy, jute and other crops in others’ fields. His story, though fictitious, is in school textbooks and etched in the minds of many. It stands true for a large number of the country’s farmers, especially the marginal ones.

  • BUDGET SPEECH: PM helps out ailing Kamal

    Prime Minister Sheikh Hasina yesterday presented parts of the national budget as Finance Minister AHM Mustafa Kamal fell sick halfway through his speech.

  • Safety for 16 lakh more

    In a push to widen the social safety net, the government decided to include all registered differently abled people, and more marginalised and vulnerable ones under its protection.

  • Deficit financing to be expensive

    The government has resorted to deficit financing, largely through bank borrowing and sale of high-cost savings certificates, increasing the interest payment burden on its shoulders and fuelling inflation.

  • Gas subsidy to double

    Finance Minister AHM Mustafa Kamal yesterday proposed doubling the subsidy for the gas sector to Tk 9,600 crore for 2019-20, from Tk 4,500 crore in the previous year.

  • Long on promises, short on specifics

    All eyes were on fever-stricken Finance Minister AHM Mustafa Kamal as he stepped into parliament to unveil his maiden national budget yesterday.

  • A little for the jobless

    More than a year ago, when Mohammad Zayed graduated from a university college in the capital, his family started expecting that he would soon take over the financial responsibility.

  • Proposed Bangladesh National Budget 2019-20

    Growth-friendly, albeit unrealistic

    The new budget is growth-friendly and has set ambitious goals but shied away from addressing the key challenges confronting the economy, said a number of economists in their immediate reactions.

  • Mega but slow

    In 2010, the government decided to construct a 128-kilometre (km) metre gauge rail track to link Chattogram with tourist town Cox’s Bazar at a cost of Tk 1,852.35 crore.

  • ‘Most shoddy food items taken off shelves’

    Bangladesh Food Safety Authority (BFSA) has prepared a report claiming that it has removed most of the 52 substandard food items from the market across the country and filed 52 cases against the companies concerned as per the High Court directives.

  • KAS Murshid

    Overall stance remains pro-growth

    It has become a tradition for the budget to be increased every year by 17-18 percent so this year, there was no reason to expect this to change. Generally, Bangladesh’s budget has maintained a sectoral balance in its stance, giving priority to education, agriculture, infrastructure and social sector expenditures.

  • mobile phone price rise

    Mobile bill will go up from tonight

    The cost of mobile phone usage is going up from tonight as the national board of revenue has already sent statuary regulatory order (SRO) to all mobile phone operators soon after placing the proposed national budget for 2019-20 fiscal in the parliament.

  • Bangladesh GDP growth

    8.2 % GDP growth projected

    Finance Minister AHM Mustafa Kamal, in his budget speech, has projected the Gross Domestic Product (GDP) growth rate at 8.2 per cent in the proposed national budget for 2019-20 fiscal.

  • Bangladesh National Budget 2019-20 in pie charts

    Budget 2019-20 in pie charts

    Find the pie charts for the national budget for fiscal year 2019-20 that Finance Minister AHM Mustafa Kamal has placed in the parliament.

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